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Thursday, May 20, 2004
Sensex gains another 129 points
MUMBAI, MAY 19. Extending the rally to second day in a row, the BSE Sensex today jumped by another 129 points at close in high volatility even as the prevailing political situation continued to influence the capital market that cheered reports of ...
Industry welcomes Manmohan as PM, expects reforms to continue
NEW DELHI, MAY 19. India Inc today welcomed the election of Manmohan Singh as the Congress Parliamentary Party leader, paving the way for his becoming the Prime Minister, and expressed confidence that he would carry forward the reform ...
Rupee surges 25 paise
MUMBAI, MAY 19. Enthused by the possibility of Manmohan Singh, the architect of economic reforms, becoming the next Prime Minister, the rupee surged by a staggering 25 paise today and closed at 45.22/25 a dollar, driven-up by hectic dollar sales ...
Sandoz's third facility in Mumbai
MUMBAI, MAY 19.Sandoz, the second largest worldwide supplier of generic drugs, inaugurated its third plant in India at Kalwe, Navi Mumbai. The new unit will be a vital link in Sandoz' global manufacturing network and will primarily focus on ...
NDTV makes debut on exchanges
MUMBAI, MAY 19. New Delhi Television Ltd. (NDTV) made its debut today on the Bombay Stock Exchange and the National Stock Exchange. The scrip, which was offered at Rs. 70, opened on the BSE at a 44 per cent premium at Rs. 101, scaled a high of ...
Tata Tele, China Unicom sign MoU
MUMBAI, MAY 19. Tata Teleservices and China Unicom today signed a Memorandum of Understanding (MoU) for co-operation in the Code Division Multiple Access (CDMA) space. The MoU is for jointly developing applications on the CDMA platform and aims ...
Jindal Stainless bags export order
NEW DELHI, MAY 19.Jindal Stainless has bagged a $60 million order for supplying stainless steel coils to the state-owned Chinese trading house, Minmetals Steel. "The 50,000 tonne export order would consolidate our foothold in the lucrative ...
Zenith launches multimedia PC
NEW DELHI, MAY 19. Zenith Computers today launched, along with chip major Intel, a multimedia PC for students. `Topper Desktops,' co-created with Intel, comes with a CD-writer, modem, speakers, free Internet and a Topper 18 CD pack, a company ...
States to tap market
MUMBAI, MAY 19. The Reserve Bank of India today said 19 State governments have offered to sell on tap 5.70 per cent State Development Loan, 2014, for an aggregate amount of Rs. 8,000 crores on May 26. The States would have an option to retain ...
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